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The two sides have set a trade target of 30 billion NZ dollars by 2020.
Putin had earlier called the Indian PM to brief him on the Russian position on the referendum.
China has said background checks on Chinese passengers have cleared them of any possible terror link.
Reports had quoted French Foreign Minister Laurent Fabius stating otherwise.
But it will not sever diplomatic relations as an "expression of longstanding ties with the Syrian people" a State Department statement said.
The Russian President has thanked India and China for supporting Moscow during the Ukraine crisis.
The Russian parliament is expected to ratify the treaty later on Tuesday.
India reiterated its commitment to assist the war-torn nation.
Paris is set to cancel a 1.4 billion euro deal to deliver two Mistral-class warships to the Russian Navy.
The growth rate marked a surge from the 5.25-per cent year-on-year increase in 2013.
